Moviebeam, a Video On Demand services via local TV spectrum to OTA receiver is to show down the 2nd time. It was a failed project originally founded by Walt Disney sold for a big lost to the video rental chain Movie Gallery. The acquisition was a desperate attempt to utilize the same concept developing movie delivery system in digital platform. They paid $24 million for the acquisition cost, shelled out another 10 plus a 50 million cash infusion from investors for further implementation. All of that funding lasts about 9 months; they are informing current customer that the movie service will be out at December the 15th.
Read The Full Story














![JH Audio JH16 Pro with Freqphase Custom In-Ear Monitor Review [2013]](http://cdn.slashgear.com/wp-content/uploads/2013/04/P2111170-sg-320x80.jpg)






